Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
CALL
Children's Place
PLCE
$57.6M
| $38.8M | 0.02% |
323,600
+24,500
| +8% | +$2.58M |
|
677
PUT
GSK
GSK
$103B
| $38.8M | 0.02% |
736,080
-426,480
| -37% | -$21.6M |
|
678
PUT
United Parks & Resorts
PRKS
$2.04B
| $38.8M | 0.02% |
2,122,200
-51,500
| -2% | -$958K |
|
679
PUT
Prudential Financial
PRU
$42.1B
| $38.8M | 0.02% |
363,300
-234,300
| -39% | -$25.3M |
|
680
CALL
Vodafone
VOD
$36.7B
| $38.7M | 0.02% |
1,466,100
+270,500
| +23% | +$6.92M |
|
|
GG
681
DELISTED
Goldcorp Inc
GG
| $38.6M | 0.02% |
2,647,732
-423,958
| -14% | -$6.63M |
|
682
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $38.6M | 0.02% |
365,100
-179,900
| -33% | -$18.9M |
|
683
CALL
J.M. Smucker
SJM
$13.5B
| $38.5M | 0.02% |
293,700
+101,100
| +52% | +$13.7M |
|
684
PUT
LyondellBasell Industries
LYB
$21.2B
| $38.4M | 0.02% |
421,000
+32,700
| +8% | +$2.98M |
|
|
ALXN
685
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $38.4M | 0.02% |
316,400
-379,800
| -55% | -$49M |
|
686
PUT
Trip.com Group
TCOM
$29.1B
| $38.4M | 0.02% |
780,400
-101,300
| -11% | -$4.64M |
|
|
RDS.A
687
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $38.2M | 0.02% |
737,311
-205,225
| -22% | -$10.7M |
|
688
CALL
Crown Castle
CCI
$32.2B
| $38.2M | 0.02% |
404,200
-925,700
| -70% | -$82.8M |
|
689
CALL
Darden Restaurants
DRI
$25.6B
| $38.2M | 0.02% |
456,000
+31,400
| +7% | +$2.35M |
|
690
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $38.1M | 0.02% |
951,500
+646,800
| +212% | +$25M |
|
691
CALL
Tapestry
TPR
$26.4B
| $38M | 0.02% |
920,300
+421,000
| +84% | +$15.9M |
|
692
PUT
TJX Companies
TJX
$154B
| $38M | 0.02% |
961,800
+349,000
| +57% | +$13.5M |
|
693
CALL
ProShares UltraPro QQQ
TQQQ
$34.8B
| $38M | 0.02% |
10,346,400
-1,946,400
| -16% | -$6.44M |
|
694
Kinder Morgan
KMI
$68.1B
| $38M | 0.02% |
1,748,249
-2,764,222
| -61% | -$60.4M |
|
|
CMA
695
CALL
DELISTED
Comerica
CMA
| $38M | 0.02% |
554,000
+277,500
| +100% | +$19.4M |
|
|
VMW
696
PUT
DELISTED
VMware, Inc
VMW
| $37.8M | 0.02% |
410,500
-568,600
| -58% | -$50M |
|
697
CALL
Mattel
MAT
$4.16B
| $37.8M | 0.02% |
1,476,800
+743,200
| +101% | +$19.9M |
|
698
CALL
iShares Core S&P 500 ETF
IVV
$891B
| $37.6M | 0.02% |
158,100
+53,300
| +51% | +$12.5M |
|
699
CALL
Royal Caribbean
RCL
$77.8B
| $37.4M | 0.02% |
381,300
-79,700
| -17% | -$7.45M |
|
700
CALL
Hershey
HSY
$38B
| $37.4M | 0.02% |
342,300
+22,900
| +7% | +$2.46M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.